PVGThe green long-term channel started to appear around mid of July of 2016 by price hitting the top of the channel!
During the Covid19 Pandemic we observed a fake breakout but everything gone normal after first months!
15th of Sep the price touch top of the channel and started to fall! the red bearish trendline is broken and we are currently in pullback to the Broken trend line!
reactions to mid of the channel is not rare but they are not strong!
considering volumes, it seems market is waiting for 5th of may to observe the earnings and lower volumes in lower prices is not a good news for buyers!
If we are in the second Elliot wave we wont goes up more than the 11.73, but only "time" could clarify the best next move!
Right now for those owning some shares, my suggestion is to be a holder! until the Short-term channel is perfectly broken down or the long-term channel is touched you, then better to sell!
If you don't have any shares and you are a risk taker! you can buy tomorrow or right now!
and if your strategy is safer wait to see if the price break the 11.73 level perfectly or not!
PVG
PVG IdeaBased on my fundamental analysis I have set a price target of $13+ for PVG. Watch price action and look for breakout attempt of rectangle in the coming weeks.
PVG: Another precious metals company that looks bullish to me.See chart for target and stop.
Process you way.
Have a great weekend.
$PVG Triangle Pattern Leading Into ER$PVG Forming a tight triangle pattern on the daily chart leading into the next earnings release in mid-November. Near term options looking fairly cheap - could be a nice setup for straddle/strangle play. See chart for a couple possible near term targets.
Note: Informational analysis, not investment advice.
PVG - Channel formation Long from current label to $12 PVG is a "Streath" call from way back - It came in our fallen angel scan recently & now we are also looking as a Downward channel play. It is looking a very strong long from current price.
Trade Criteria
Entry Target Criteria- Break of $8.30
Exit Target Criteria- $12
Stop Loss Criteria- $7.77
You can check detailed analysis on PVG in the trading room/ Executive summary link here-
www.youtube.com
Time Span- 1:45"
Trade Status: Pending
DSKX Begins To Rally After The Conference CallShares of DSKX continues to rally from last week after they held a conference call to discuss the recently announced agreement to acquire Radiancy, Inc., a leading developer of consumer medical devices and the Neova® dermatological products.
It appears investors are beginning to notice the financial value this new deal brings and the future outlook of the company, so if you haven't already, I highly encourage you to listen to today's conference call as soon as possible. Much larger company structure overall, significant increase in revenue, assets, cash flow and working capital with a very reputable management team to move the company forward. The fact that the current market cap is only 33M is what really gets me excited. Listen to the call to learn more:
The replay of the conference call can be heard by dialing 1-888-286-8010 in the United States and Canada or +1-617-801-6888 internationally, then referencing the Conference Passcode "56187013" A recording of the call can also be heard on the company website.
In the call, the DS Healthcare Group management team shared their motivations and answered questions relating to the business fundamentals on the Radiancy & Neova® deal, explaining how natural strategy alignment and synergies will lead to significant bottom line contribution.
The call was hosted by Mark Brockelman (CFO), Manny Gonzeles (CCO) and Renee Barch-Niles (CEO) and took place on Thursday, February 25th, 2016, at 8:30 a.m. EST.
-Renee Barch-Niles (CEO), an experienced CPG Executive who drove double-digit year-over-year growth in global food, drug, mass, club and specialty channels for Global companies such as Daymon Worldwide and Emilia Personal Care.
-Mark Brockelman (CFO) who has great experience in mergers and acquisitions, systems integration expertise and highly astute financial acumen. Mr. Brockelman Brockelman served as the Chief Financial Officer for National Dentex Corporation as well as the Senior Vice President/Chief Financial and Administrative Officer of the Miami Dolphins.
-Manny Gonzalez (CCO), a former top (NASDAQ: PG) Procter & Gamble executive managing a team of 7,000 sales representatives in the U.S., who has direct access to every major retailer in the country.
Acquisition Press Release Below:
finance.yahoo.com
For full disclose please visit: www.stockpicksnyc.com